Mexico’s Minimum Wage Increases by 13% in 2026
Mexico implements nine consecutive years of double-digit daily minimum wage rises with an increase of 13% for 2026—to $315.04 pesos per work day
Your Money and Finances in Mexico
Articles about money, banking and personal finance matters in Mexico
Articles about money, banking and personal finance matters in Mexico
Torn Money: The Banknote Versus the Joker
In Mexico, merchants of all kinds tend to reject damaged banknotes, but you can exchange damaged notes at a bank if you have at least half of the note intact
Banks & Banking Services Offered in Mexico
People living in Mexico often open a Mexican bank account to facilitate daily transactions and manage money transfers between their home country and Mexico
Safety Tips for Cash, Bank Cards, and ATM Use in Mexico
This article shares tips and common sense advice to help keep your money and bank cards safe when you are visiting or living in Mexico
Money Matters: How Safe is Your Cash in Mexico?
Mexico operates a public insurance scheme known as IPAB to protect depositors' funds, but not all firms and investment types qualify for cover
Currency Exchange When You Buy a House in Mexico
When you’re buying pesos to fund a home purchase in Mexico, foreign exchange rates will impact your budget. MexEdge offers buyers a service to manage this risk
Dealing with Counterfeit Mexican Banknotes
If you find yourself having to deal with a fake banknote in Mexico, options depend on the circumstances under which the fake note came into your possession
2024 Was a Year of Two Halves for the Mexican Peso
Mexico's peso started 2024 in fine spirits, but events during the summer brought pressure to bear on the currency, causing a 19% devaluation by year-end
Mexico’s Minimum Wage Increases by 12% in 2025
Mexico implements eight consecutive years of double-digit daily minimum wage rises with an increase of 12% for 2025—to $278.80 pesos per work day
Mexico’s Peso: More Big Strides in ’23; Estimates for 2024
In 2023, Mexico's peso extended the solid gains it made in 2022, supported by interest rates, economic growth, exports, tourism, and remittances from abroad
Mexico’s Minimum Wage Increased by 20% for 2024
Mexico implements six consecutive years of double-digit daily minimum wage rises with another increase of 20% in 2024—to $248.93 pesos per work day
Mexico’s Peso: Stability & Gains in ’22; Estimates for 2023
Mexico's peso was stable and also posted a solid gain in 2022, supported by interest rates, exports, tourism, and foreign-currency remittances from abroad
